Jiangsu exports nearly 27% more toys in first half
Source: Xinhua Date: 2010-08-12
East China's Jiangsu Province sold 94.94 million U.S. dollars worth of toys abroad in the first half of this year, a growth of 26.8 percent on the same period last year, according to the provincial customs house.
The total included 19.24 million U.S. dollars worth in June alone, up 65.2 percent year-on-year.
The growth was attributable to government stimulus measures and the global economic recovery, local customs analysts said.
The United States and European Union accounted for 57.6 percent of Jiangsu's total toy exports in the six months, with sales to the former up 18.5 percent to 27.43 million U.S. dollars and sales to the latter up 12.8 percent to 27.25 million dollars.
The analysts said in the second half of this year, the province's toy exports would remain stable, although challenged by a slow-down in the economic recovery globally, trade barriers and rising costs.
